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Gartner Predicts 40% of Generative AI Solutions Will Be Multimodal By 2027

09/09/2024 | Gartner, Inc.
Forty percent of generative AI (GenAI) solutions will be multimodal (text, image, audio and video) by 2027, up from 1% in 2023, according to Gartner, Inc.

iTAC Positioned as a Sample Vendor for Composite Applications in Gartner Hype Cycle 2024

08/12/2024 | iTAC Software AG
iTAC has been placed in the “Gartner® Hype Cycle™ for Revenue and Sales Technology, 2024” as a Sample Vendor in the “Composite Applications” category.

Gartner Predicts 30% of Generative AI Projects Will Be Abandoned After Proof of Concept By End of 2025

07/29/2024 | Gartner, Inc.
At least 30% of generative AI (GenAI) projects will be abandoned after proof of concept by the end of 2025, due to poor data quality, inadequate risk controls, escalating costs or unclear business value, according to Gartner, Inc.

Gartner Survey Reveals Only 24% of HR Functions Are Maximizing the Business Value from HR Technology

06/14/2024 | Gartner, Inc.
Less than one-quarter of HR employees (24%) reported that their organization’s HR function is deriving the maximum value from HR technology, according to Gartner, Inc.

Gartner Forecasts MENA IT Spending to Grow 5% in 2024

06/12/2024 | Gartner, Inc.
IT spending in the Middle East and North Africa (MENA) region is forecast to total $193.7 billion in 2024, an increase of 5.2% from 2023, according to the latest forecast by Gartner, Inc. The annual growth is down from 6.6% growth in 2023.
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